Forex
globalreutersAugust 12, 20241 Mins read
Gold: CTA positioning remains near its effective ‘max long’ position size – TDS
globalreutersAugust 12, 20241 Mins read Gold now screens as a well-populated trade. The Street is unanimously bullish, but macro fund positioning may now be tapped out without an imminent recession, CTA positioning remains near its effective ‘max long’ position size, the top Shanghai traders have been selling their positions from near-record highs, and Asian physical markets remain on a buyer’s strike, TDS senior commodity strategist Daniel Ghali notes.
Related Articles
Just a couple of light releases on the agenda in the session ahead
In Europe, we'll only have to deal with a couple of light...
Dollar holds lower at the balance ahead of European trading
The pair looks to be on an inevitable push lower towards testing...
FX option expiries for 27 November 10am New York cut
There are a couple to take note of on the day, as...
Westpac expect another Reserve Bank of New Zealand 50bp interest rate cut in February
The RBNZ cut the OCR by 50bps to 4.25% today:RBNZ Gov Orr...
Leave a comment